EDGAR Verified
Primary Source · SEC.gov

ARES PRIVATE EQUITY SECONDARIES I LP

Fund Vehicle2026 vintage506(b), 3(c)
Latest signalFirst saleForm D/A · 2026-09-285 events: 1 first sale, 1 sold increased, 1 investors increasedLast filing 2026-09-28

Raised

$1.2B

Investors

14

Min Invest

None stated

AltStreet Analysis

·

Generated from EDGAR primary sources

Ares Private Equity Secondaries I LP is a Delaware-domiciled pooled investment fund vehicle, part of Ares Management's private equity secondaries strategy, filing an amended Form D. The amendment reports $1,150.5 million raised from 14 investors under the 506(b) exemption combined with the 3(c) investment company exclusion, with no minimum investment amount disclosed on the filing.

This is a large institutional private equity secondaries fund vehicle, a common structure in the alternative investment space that pairs Securities Act Rule 506(b) with an Investment Company Act 3(c) exclusion — standard for private funds sold to accredited/qualified investors. At over $1.1 billion raised across just 14 investors, the average commitment size (~$82 million) is well above typical retail or smaller institutional offerings, consistent with a large closed-end secondaries vehicle drawing capital from a small number of institutional limited partners.

Data Flags

totalAmountSold / totalInvestorsAverage commitment of approximately $82 million per investor across only 14 investors, indicating a small group of large institutional limited partners rather than a broadly syndicated raise.
exemptionFiling claims both 506(b) and 3(c) exemptions simultaneously; this is a standard combination for institutional private funds (Securities Act exemption plus Investment Company Act exclusion), not a per-entity irregularity.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002062606
Entity NameARES PRIVATE EQUITY SECONDARIES I LP
ExemptionRule 506(b), Section 3(c), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Year Organized2024
Issuer Address65 Memorial Road, Suite 210, West Hartford, CT 06107
Phone(860) 651-9760
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypePooled Investment Fund
First Sale Date—
Filing DateSeptember 28, 2026
Accession Number0002062606-26-000001
Total Offering AmountIndefinite
Total Amount Sold$1,150,479,935
Amount Sold NoteCombined figure across related vehicles: The Total Amount Sold is aggregated between the Issuer and its parallel funds, and includes capital commitments made by the General Partner and its affiliates.
Total Investors14
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$0 (to ARES MANAGEMENT CAPITAL MARKETS LLC)
Finders' Fees$0
Proceeds to Related Persons$0
Revenue RangeDecline to Disclose
State (Issuer Address)CT
Amendment Count2 filings on record
Signed ByMATTHEW JILL, VP OF THE MANAGING MEMBER OF THE GP OF THE GP OF THE ISSUER

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

Fund Family

Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.

Fund family

ARES PRIVATE EQUITY SECONDARIES2 vehicles · 1 generation · since 2025 · $1.15B sold across the family

This issuer is in Fund I

VehicleRoleFirst filedStatusSoldInvestors
Fund I · first filed 2025-05-19 · 2 vehicles · $1.15B sold · 6 investors
ARES PRIVATE EQUITY SECONDARIES I LPthis issuer2025-05-19raising$1.15Bcombinedshared14
ARES PRIVATE EQUITY SECONDARIES I OFFSHORE LPoffshore2025-05-19raising$1.15Bcombined6

Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.

In the Terminal

Filing events

5

latest Sep 28, 2026

Critical / warning

1 / 0

2 watch · 2 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

raising

Latest event First sale · Sep 28, 2026

SEC.gov
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Investor

  • 5 filing events with values and deltas, latest 2026-09-28, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

MATTHEW JILL

Executive Officer · NEW YORK, NY

NATHAN WALTON

Executive Officer · NAPLES, FL

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

ARES MANAGEMENT CAPITAL MARKETS LLCCRD 166219 on BrokerCheck

Associated broker-dealer: None · LOS ANGELES, CA · Soliciting in all states

Questions About ARES PRIVATE EQUITY SECONDARIES I LP

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is ARES PRIVATE EQUITY SECONDARIES I LP?

ARES PRIVATE EQUITY SECONDARIES I LP is a Delaware limited partnership organized in 2024 that filed a Form D with the SEC on September 28, 2026 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests.

Is ARES PRIVATE EQUITY SECONDARIES I LP legit?

AltStreet does not rate legitimacy; it reports the public record. ARES PRIVATE EQUITY SECONDARIES I LP filed a Form D with the SEC on September 28, 2026 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $1,150,479,935 sold to 14 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is ARES PRIVATE EQUITY SECONDARIES I LP registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that ARES PRIVATE EQUITY SECONDARIES I LP claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has ARES PRIVATE EQUITY SECONDARIES I LP raised?

ARES PRIVATE EQUITY SECONDARIES I LP reported $1,150,479,935 sold from 14 investors in an offering of indefinite size as of the Form D filed September 28, 2026. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone.

Who can invest in ARES PRIVATE EQUITY SECONDARIES I LP?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in ARES PRIVATE EQUITY SECONDARIES I LP?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling ARES PRIVATE EQUITY SECONDARIES I LP and how are they paid?

The Form D names ARES MANAGEMENT CAPITAL MARKETS LLC (CRD 166219), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind ARES PRIVATE EQUITY SECONDARIES I LP?

The Form D lists 2 related persons: MATTHEW JILL, executive officer; NATHAN WALTON, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is ARES PRIVATE EQUITY SECONDARIES I LP located?

The issuer's address on its SEC filings is 65 Memorial Road, Suite 210, West Hartford, CT 06107. Its phone number of record is (860) 651-9760. It is organized under the laws of Delaware.

How long is the ARES PRIVATE EQUITY SECONDARIES I LP offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.

How large is ARES PRIVATE EQUITY SECONDARIES I LP?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.